Restaurant Industry News - Financial

Revenues from continuing operations for the three months ended December 31, 2009, totaled $245.3 million, as compared to $253.7 million a year earlier, including $51.9 million and $56.4 million from the Golden Nugget, respectively. - More

Financial initiatives that improved store level margins to 15.1% of total revenue, lowered G&A by 22.9% to $37.0 million, and eliminated all long term debt. - More

Western Sizzlin Corporation (Nasdaq: WEST) announced today that it has commenced the mailing of a definitive proxy statement/prospectus in connection with the proposed acquisition of Western by The Steak n Shake Company ( SNS). - More

Rick’s Cabaret International, Inc. (NASDAQ: RICK), the nation’s premier operator of upscale gentlemen’s clubs, said sales at its nightclubs in February were $7.65 million, a 34.7 percent increase over sales of $5.58 million in February 2009. - More

Ruby Tuesday, Inc. (NYSE: RT) today announced that same-restaurant sales for Company-owned restaurants were -0.8% to -1.0% in the third quarter ended March 2, 2010, compared to the same quarter of the prior year. - More

During the Tim Hortons Inc. (TSX: THI, NYSE: THI) investor conference, president and CEO Don Schroeder and other members of the executive team will outline strategic growth catalysts designed to build on Tim Hortons position as a leader in the North American restaurant industry. We will also outline our financial and operational outlook during t... - More

Famous Dave's of America, Inc. (NASDAQ: DAVE) today announced revenue of $32.6 million and net income of $774,000, or $0.08 per diluted share, for its fiscal fourth quarter ended January 3, 2010. - More

Company Produced Strong Adjusted EBITDA Growth and Cash Flow in 2009; Wendy’s Restaurant Margin Increased by 330 Basis Points in 2009; Arby’s Focusing on Turnaround Plans; Company Completes $120 million of $200 million Stock Repurchase Program - More

ack in the Box Inc. (NASDAQ: JACK) will participate in three upcoming investment conferences. The dates and times of the presentations are as follows: - More

Same-store sales and customer traffic levels slip; Expectations Index tops 100 for the first time in 9 months - More